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Pampa Energía stock: balance sheet and debt

PAM
$63.21Closing price of 12 Nov 2026MEQIRI Score 55 out of 100

Pampa Energía has a debt to equity ratio of 0.54 and an interest coverage of 4.1x.

Daily figure as of 13 Nov 2026

Debt / Equity
0.54
Interest coverage
4.1x
Current ratio
3.11
Cash & equivalents
$1.09B
Total assets
$6.61B
Equity ratio
54.7%
Goodwill
$34.69M
Plus intangible assets of $55.13M
Net debt
$839.67M

Total assets and equity ratio

How large the balance sheet of Pampa Energía S.A. is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2013$1.93B$138.32M$863.09K22.9%$382.24M
2014$1.97B$102M$657.94K21.1%$434.18M
2015$2.25B$56.69M$386.16K28.8%$347.16M
2016$4.87B$132.62M$63M18.2%$1.37B
2017$11.46B$341.36M$70.32M34.8%$2.33B
2018$5.68B$161.49M$34.77M31.7%$1.56B
2019$5.69B$151.45Mnot split out42.4%$1.32B
2020$4.9B$41.1Mnot split out36.2%$1.14B
2021$3.86B$38M$35M46.4%$878M
2022$4.74B$138M$35M48.2%$933M
2023$4.72B$96M$35M51.1%$635M
2024$6.34B$95M$35M51.9%$426M
2025$6.61B$89.82M$34.69M54.7%$839.67M

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2013$181.89M$321.91M$564.13M1.28
2014$159.45M$341.45M$593.63M1.43
2015$355.11M$539.85M$702.27M1.08
2016$355.17M$697.11M$1.72B1.94
2017$1.22B$3.03B$3.56B0.89
2018$682.6M$1.37B$2.24B1.25
2019$644.48M$1.92B$1.96B0.81
2020$491.78M$1.43B$1.63B0.92
2021$573M$1.79B$1.45B0.81
2022$692M$2.28B$1.63B0.71
2023$831M$2.4B$1.47B0.61
2024$1.67B$3.29B$2.09B0.64
2025$1.09B$3.6B$1.93B0.54

Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 29 Feb 2024)
  • Valuation signal Undervalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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